Brief: Progress Software Entered Into Asset Purchase Agreement With Cloud Software Group

Progress Software

09/09/2024 11:06

Sept 9 (Reuters) - Progress Software Corp  PRGS.O :
    * PROGRESS SOFTWARE: ENTERED INTO ASSET PURCHASE AGREEMENT
WITH
CLOUD SOFTWARE GROUP
    * PROGRESS SOFTWARE: TO ACQUIRE SHAREFILE FOR ABOUT $875
MILLION
    * PROGRESS SOFTWARE: TO BUY ALL OF ASSETS, ASSUME SOME
LIABILITIES
THAT COLLECTIVELY COMPRISE SHAREFILE
    * PROGRESS SOFTWARE: REITERATING Q3  GUIDANCE

Source text for Eikon:  ID:n0001552781-24-000522 
Further company coverage:  PRGS.O 

 ((Reuters.Briefs@thomsonreuters.com;))